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Crunch Report | Microsoft Announces New Surface Pro

May 24, 12:00AM

Crunch Report May 23 Microsoft announces new Surface Pro, Apple and Nokia settle patent dispute, Uber underpaid NYC drivers, Snapchat allows custom stories for friend groups and Pinterest adds dish recognition. All this on Crunch Report. Read More



Quiqup, a London-based on-demand delivery startup, raises £20M Series B

May 23, 11:01PM

 Quiqup, a London-based delivery startup that operates a “shop on your behalf” app similar to Jinn in Europe or Postmates in the U.S., in addition to a growing B2B business, has raised £20 million in Series B funding. Leading the round is Jobi Capital, a New York-based fund, with participation from Transmed, a leading distributor of fast-moving consumer goods, and existing investors. Read More



Uber loses its general counsel for EMEA

May 23, 10:01PM

 Another high-up person at Uber has left the company. Jim Callaghan, Uber’s general counsel for Europe, the Middle East and Africa, recently stepped down. Read More



Watch Alchemist Accelerator's Demo Day right here

May 23, 10:00PM

Alchemist is one of those rare programs that focuses on enterprise startups. These aren’t your parents’ enterprise companies. Pitches today will span products that help businesses with crowdfunding, wearables, sustainable farming and managing meetings with the power of AI. TechCrunch is pleased to bring you Alchemist Accelerator‘s demo day. Read More



Minibrew raises $2.8 million to help you make your own beer

May 23, 9:42PM

 The Minibrew is a little keg with a big brain. When we first met the company in 2015 they offered a whiff of high tech to the brewing process, adding a monitored brew vessel and mobile app to the age-old technique of slopping a bunch of wheat, yeast and hops together until something tasty came out. Read More



WTF is an ICO?

May 23, 9:17PM

 A newly famous transaction type we need to understand is called the “Initial Coin Offering.” An ICO is akin to an IPO, but in temporal reverse (sort of). Although confusing, it has recently acquired prominence as a favored way to launch a new cryptocurrency. Read More



1Password adds a travel mode to frustrate snooping customs agents

May 23, 8:29PM

 If you travel a lot, especially internationally, a new worry being added to the pile is the threat of being forced to unlock your phone for a customs agent. 1Password has a handy solution for this in the form of Travel Mode, which temporarily deauthorizes a device to access your passwords and accounts. Read More



Merlon Intelligence raises $7.65 million in seed financing to combat money laundering

May 23, 8:05PM

 Flightcaster, Prismatic and now Merlon Intelligence. Bradford Cross, founder of the venture capital firm Data Collective is a known figure in the ranks of VCs who have caught the entrepreneurship bug, abandoning what could have been a cushy lifestyle for one with considerably more volatility. His third startup, Merlon Intelligence, services banks, helping them cut down on risk and put a… Read More



The FCC's case against net neutrality rests on a deliberate misrepresentation of how the internet works

May 23, 7:50PM

 The FCC has just published the notice of proposed rulemaking that would roll back the 2015 Open Internet Order establishing net neutrality. Their first and primary justification for doing this is a way of defining broadband access that’s so backwards it’s ridiculous. It would be funny, if the future of the internet didn’t depend on this incredibly disingenuous maneuvering. Read More



Blispay raises $12 million to help retail customers avoid payments for 6 months

May 23, 7:18PM

 If you’re looking to buy something, but don’t want to pay for it yet, Blispay thinks it has the solution for you. The startup works with small and mid-sized businesses to help retail customers defer payments for six months. Baltimore-based Blispay has been gaining traction and raised an additional $12 million in funding after raising about the same amount last year. FirstMark… Read More



Verizon CEO confirms company's plan to launch a streaming TV service

May 23, 6:44PM

 Verizon CEO Lowell McAdam confirmed the company’s plans to launch an over-the-top streaming service later this year, according to a report from Variety, citing remarks the CEO made at a telecom conference in Boston this week. Verizon (which owns TechCrunch parent company AOL), will use the combined platform of AOL and Yahoo – and their 1.3 billion users – to test the new… Read More



Stanley Robotics is building robots that can park your car for you

May 23, 6:20PM

 French startup Stanley Robotics just raised $4 million (€3.6 million) from Elaia Partners, Bpifrance and Idinvest Partners. The company is building giant robots that pick up your car at the entrance of a parking lot and park it for you. If you drive your car to the airport, you know how expensive it can be to leave your car at the airport for a week. Airport parking lots have turned into one… Read More



Google brings expanded AMP support to search and display ads

May 23, 6:14PM

 When Google launched its AMP project about a year and a half ago, the focus was squarely on speeding up mobile web pages, with a special emphasis on news sites. Over the last few months, both the scope of supported pages and the range of places where Google surfaces AMP pages increased. Google is now using the AMP technologies to speed up some of its core money-making services. Read More



Uber says it accidentally underpaid drivers in New York City

May 23, 6:11PM

 Uber has come out and said that it accidentally underpaid drivers in New York City over the past two and a half years. On Friday, Uber announced a nationwide change to how drivers see their earnings. While going through that process, the company realized it had been underpaying drivers in New York. Read More



LeEco to lay off 325 people in US, focus on Chinese-speaking American households

May 23, 6:02PM

 It’s hard to know where to begin with this mess. It’s only been seven months since LeEco launched in the U.S. with one of the most bizarre press conferences in recent memory, right down to the super weird Michael Bay cameo. Since then, it’s been a constant parade of bad news for the company, cumulating with a conference call today that will lead to around 325 layoffs in the… Read More



Warby Parker's Prescription Check app lets you skip the eye doctor

May 23, 5:25PM

 Warby Parker wants to get you the right prescription glasses without forcing you to get an in-person eye test. It’s now testing its new Prescription Check app that uses your phone and computer in tandem to administer a 20-minute series of eye tests, which are then reviewed by a doctor who makes the final call on your prescription. Read More



Embrace.io raises $2.5M to track mobile app performance

May 23, 5:06PM

Embrace.io team Embrace.io says it can help developers understand the performance of their apps — and determine whether things like bugs or slow load times are actually driving users away. The company just announced that it has raised $2.5 million in seed funding led by Eniac Ventures, with participation from The Chernin Group, Techstars Ventures, BoxGroup and others. CEO Eric Futoran (pictured… Read More



Google's Unique Reach tells marketers when you've seen the same ad a gazillion times

May 23, 5:01PM

 We have all suffered the pain of seeing the same ad for a BBQ grill we can’t fit in our apartment on our phone, tablet, laptop and work desktop. The duplication is not only annoying, it’s wasteful for advertisers. At Google’s Marketing Next conference in San Francisco, the company announced Unique Reach, a new measurement tool that captures the number of times the same… Read More



Judah vs. the Machines: Facebook's dog-breed-recognition robot

May 23, 5:00PM

 On the road to making machines artificially intelligent, everything needs to be taught, even the facial structure of a dog that looks like a mop. In this episode of Judah vs. the Machines, actor Judah Friedlander sets about his goal of “challenging the world’s top artificial intelligence robots for the sake of humanity” by taking a look at Facebook’s applied machine… Read More



Meet the 21st batch of 500 Startups companies

May 23, 5:00PM

 500 Startups’ next batch of accelerator companies is launching now that its previous demo day has wrapped up, this time seemingly having a bit of a wider focus than we’re accustomed to seeing coming out of the firm. This batch, which contains 31 companies, focuses on a range of topics, like VR, healthcare, financial technology and even drones. Read More




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